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To: Dutch who wrote (6623)	1/27/2003 1:45:38 PM
From: Matrix_Man	Read Replies (1) \| Respond to of 10714

Isn't this curious? /FROM PR NEWSWIRE DETROIT 248-352-5200/ [STK] DOW GLW [IN] CHM [SU] TNM TO BUSINESS EDITOR: Dow Corning Broadens its Capability in Silicon Carbide Substrates; Acquires Sterling Semiconductor MIDLAND, Mich., Jan. 27 /PRNewswire-FirstCall/ -- Dow Corning Corp. today announced the acquisition of the assets of Sterling Semiconductor Inc. for $11.2 million. Dow Corning will acquire the manufacturing and research and development assets of Sterling, an industry leader in manufacturing silicon carbide (SiC), in Danbury, Conn. and Tampa, Fla. and will hire 32 of Sterling's current employees. Dow Corning has transformed itself from a company focused on products to a solutions company that is organized around the needs of its customers around the world. Dow Corning's New Ventures Business has been investing in silicon carbide and gallium nitride substrate technologies for the compound semiconductor industry. "This investment will provide Dow Corning with a new opportunity to build on its core silicon-based technology and solutions strength; and demonstrate to existing and potential customers our deep commitment to this industry segment," said Dave Cornelius, Executive Director of Dow Corning New Ventures Business. About Dow Corning Dow Corning (www.dowcorning.com ), which develops, manufactures and markets diverse silicon-based products, currently offers more than 10,000 products to customers around the world. Dow Corning is a global leader in silicon-based materials, with shares equally owned by The Dow Chemical Company (NYSE:DOW) and Corning Incorporated (NYSE:GLW). More than half of Dow Corning's sales are outside the United States. SOURCE Dow Corning Corp. -0- 01/27/2003 /CONTACT: Kevin M. Wiggins, +1-989-496-8835, or Linda Coughlin, +1-989-496-3475, both of Dow Corning Corp./ /Web site: dowcorning.com /